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Cycles For Change

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411816453 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Cycles For Change?

Cycles For Change is a nonprofit organization dedicated to fostering a varied and self-empowered community of bicyclists. Their primary activities include operating a retail shop in Minneapolis, selling both new and secondhand bicycles and bike components, providing bike servicing at a fee, and recycling scrap bikes. Additionally, they have an Open Shop where individuals can work on their own bikes under guidance, promoting a DIY culture among bicyclists. The organization's goal is to engage and uplift the local community through the shared love of cycling.


Official website here: www.cyclesforchange.org

Is Cycles For Change legitimate?

Cycles For Change is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cycles For Change submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.cyclesforchange.org

What is the mission statement of Cycles For Change?

Cycles For Change aims to establish a diverse and empowered community of bicyclists. Their mission is achieved through various activities, which include operating a retail shop in Minneapolis, selling both new and used bicycles and bike parts, offering bike servicing at a fee, and recycling scrap bikes. Additionally, they host an Open Shop, providing a space for individuals to work on their own bicycles with assistance and guidance. This organization's mission serves to promote bicycling as a means of transportation and community engagement.


Official website here: www.cyclesforchange.org

Who is the CEO of Cycles For Change?

Andrew Petriuusi is the President of Cycles For Change.


Official website here: www.cyclesforchange.org

What is the revenue of Cycles For Change?

Cycles For Change's revenue in 2020 was -$5,601.


Official website here: www.cyclesforchange.org

Who are the executives of Cycles For Change and what are their salaries?


Here are 8 key members and their salaries:


Andrew Petriuusi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Guettler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kizzy Downie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilary Reeves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Petham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khu Thao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackson Otto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cyclesforchange.org

Where can I find the form 990EZ for Cycles For Change?

Cycles For Change's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.cyclesforchange.org

Learn more at the official website: www.cyclesforchange.org

Mission Statement of Cycles For Change

Cycles for Change is an organization dedicated to fostering a diverse and empowered community of bicyclists. They achieve this mission through their retail shop and open shop services. In their retail shop, they sell both new and used bicycles and bike parts, offering an array of options for potential bike owners. Additionally, they provide bike servicing for a fee, ensuring that the community's bicycles remain in good working condition. The open shop aspect of their operation allows individuals to work on their own bikes, fostering a sense of self-reliance and community among their clientele. Furthermore, Cycles for Change recycles scrap bikes, contributing to environmental sustainability and providing affordable transportation options within their community.

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Impact




October, 2024

Cycles For Change has a significant impact on the local community by fostering a diverse and empowered network of bicyclists. Through its retail shop in Minneapolis, it provides access to new and used bicycles, bike parts, and maintenance services, making cycling more accessible to various demographics. The organization also promotes sustainability by recycling scrap bikes, contributing to environmental conservation.

Additionally, the Open Shop initiative encourages community involvement and skill-building, allowing individuals to learn about bike repair and maintenance, thereby enhancing their confidence and independence as cyclists. Overall, Cycles For Change not only supports transportation equity but also nurtures community ties and advocates for a healthier, more active lifestyle.




This information is meant to be a general summary of Cycles For Change. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$5,601 (2020)
Expenses
$48,749 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $38,380

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Principal Officer

Andrew Petriuusi

Main Address

PO Box 6937, MINNEAPOLIS, MN, 55406

NTEE Category

Code: W40 - Public benefit

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